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Top Stablecoin Issuer Projects

The top Stablecoin Issuer projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Aave

Aave

Decentralized lending and borrowing protocol

aptosarbitrumavalanche+24
$96.2500
▼ 0.64%$1.48B
Curve

Curve

Stablecoin DEX with low-slippage swaps

arbitrumauroraavalanche+25
$0.2123
▼ 1.14%$326.9M
Paxos

Paxos

Tokenized physical gold on the blockchain

ethereum
$4.1K
▼ 2.13%$1.82B
Solayer

Solayer

Hardware-accelerated blockchain for 1M+ TPS

solana
$0.0649
▼ 0.73%$13.6M
Thala

Thala

Aptos-native DeFi with stablecoin and dynamic AMM

aptos
$0.0081
▲ 0.79%$577.2K
Ethena

Ethena

The first crypto-native synthetic dollar

arbitrumavalanchebase+17
$0.0893
▲ 1.66%$854.0M
usd.ai

usd.ai

Yield-bearing synthetic dollar for AI compute financing

arbitrumbaseethereum+1
$0.0299
▼ 4.11%$59.9M
Resolv

Resolv

Delta-neutral stablecoin backed by ETH

bnb-chainethereum
$0.0193
▼ 0.37%$8.4M
Keeta

Keeta

Ultra-fast L1 for tokenized real-world assets

base
$0.1322
▲ 9.29%$75.9M
Sperax

Sperax

Autonomous DeFi agents for self-optimizing portfolios.

arbitrumbnb-chainethereum
$0.0022
▲ 0.25%$4.3M
Asymmetry Finance

Asymmetry Finance

Borrow stable dollars at fixed rates

baseethereum
$0.0101
▼ 1.48%$168.7K
Usual

Usual

Stablecoin and yield protocol backed by real-world assets

basebnb-chainethereum
$0.0087
▼ 1.35%$16.2M
Falcon Finance

Falcon Finance

Your Crypto, Your Yields

bnb-chainethereumxdc
$0.9968
▲ 0.04%$1.42B
Spark

Spark

Onchain capital allocator for scalable liquidity and yield.

arbitrumavalanchebase+5
$0.0173
▼ 0.64%$52.2M
World Liberty Financial

World Liberty Financial

Earn, borrow, and grow across chains

bnb-chainethereumsolana
$0.0606
▲ 7.16%$1.92B
dForce

dForce

DeFi infrastructure for Web3 liquidity and stablecoins

arbitrumavalanchebase+6
$0.0003
$313.4K
Sky

Sky

Governance for Sky Protocol and USDS

ethereum
$0.0618
▼ 2.25%$1.44B
Elixir

Elixir

Powering institutional liquidity with deUSD

arbitrumethereumsei
$0.0013
▼ 3.53%$1.3M
Unitas

Unitas

On-chain dollar yield, no banks needed.

basebnb-chainethereum+1
$0.3195
▲ 0.28%$40.3M
Circle

Circle

Tokenized treasuries yielding Fed rate onchain

bnb-chainethereumnear+1
$1.1300
$2.96B
First Digital

First Digital

Stable cash reserves, seamless blockchain efficiency.

arbitrumbnb-chainethereum+3
$0.9976
▼ 0.01%$346.3M
Resupply

Resupply

Maximize yield with half-rate borrowing

ethereum
$0.0647
▲ 4.42%$1.6M
GAIB

GAIB

Economic layer turning AI assets into onchain yields.

arbitrumbasebnb-chain+4
$0.9976
▲ 0.10%$19.8M
Solomon

Solomon

A dollar that stays a dollar and earns yield.

solana
$0.5674
▼ 0.19%$6.5M
Tether

Tether

The world's most trusted stablecoin

aptosarbitrumavalanche+13
$0.9994
▲ 0.01%$184.06B
TrueUSD

TrueUSD

Real-time attested USD-backed stablecoin on 12 chains

avalanchebnb-chainethereum+3
$0.9967
▲ 0.02%$492.9M
Telcoin

Telcoin

Borderless finance for every mobile phone

arbitrumbaseethereum+2
$0.0018
▼ 3.28%$178.3M
Spellborne

Spellborne

Restoring MIM stablecoin peg with SPELL incentives.

arbitrumavalancheethereum+1
$0.0001
▼ 0.27%$14.3M
Maker

Maker

The decentralized stablecoin issuer and governance protocol

avalancheethereumpolygon
$1.4K
▼ 3.02%$0.0000
Zephyr Protocol

Zephyr Protocol

Private over-collateralized stablecoins on Monero

$0.4112
▲ 0.86%$5.3M
Angle Protocol

Angle Protocol

defunct

Capital-efficient stablecoin protocol governed by DAO

arbitrumavalanchebnb-chain+5
$0.0002
$42.4K
Qi Dao

Qi Dao

Borrow stablecoins, keep your crypto.

arbitrumavalanchebase+10
$0.0050
$693.8K
Yala

Yala

Unlocking Bitcoin's DeFi potential

basebitcoinbnb-chain+1
$0.0003
▲ 11.97%$80.5K
Anzen Finance

Anzen Finance

Stablecoin backed by diversified RWA portfolio

arbitrumbaseblast+2
$0.0001
▼ 8.97%$534.2K
STBL

STBL

Yield-bearing stablecoins backed by real-world assets

bnb-chainethereum
$0.0236
▲ 1.06%$11.8M
Hubble

Hubble

Earn yield on collateral, mint stable USDH

solana
$0.0017
▼ 0.63%$117.3K
Frax (prev. FXS)

Frax (prev. FXS)

arbitrumavalanchebnb-chain+9
Cash

Cash

Stablecoin platform

aptossolana
$0.9991
▼ 0.00%$124.1M
Ampleforth Governance

Ampleforth Governance

ethereum
$0.1681
▼ 1.65%$1.8M
Bucket Token

Bucket Token

sui
$0.0009
▼ 2.11%$397.5K
Reflexer Ungovernance

Reflexer Ungovernance

ethereum
$1.2900
$1.1M
RD Technologies

RD Technologies

Stablecoin issuers

Prisma Governance Token

Prisma Governance Token

ethereum
$0.0078
$757.7K
Let's Get HAI

Let's Get HAI

optimism
$1.2500
▼ 0.57%$440.8K
Jarvis Reward

Jarvis Reward

arbitrumavalanchebnb-chain+3
$0.0009
▼ 0.08%$504.8K
Crown

Crown

Stablecoin fintech company

baseethereum
$0.1966
▼ 0.38%$73.3M
Novastro

Novastro

bnb-chain
$0.0001
▼ 0.04%$23.2K
Capa

Capa

terra
$0.0011
▼ 1.03%$168.0K
Parallel Governance

Parallel Governance

arbitrumbaseethereum+4
$0.0013
▲ 4.00%$811.2K
Squill

Squill

ethereumfraxtal
$0.0098
▲ 0.57%$97.5K